Parastone Developments

Parastone is an locally-owned landmark construction and development company operating in the Elk Valley and located in Fernie, British Columbia, Canada. A forward-thinking, respected development company providing all aspects of Construction Management Services. Widely known as the 'Builders of 901 Fernie', Parastone managed one of the largest regional redevelopment projects with the completion of the 1908 Schoolhouse site in downtown Fernie in the fall of 2009. Over the last decade, Parastone completed numerous commercial real estate projects, successfully transforming projects from conceptual plans to market-ready products aimed at maximizing shareholder values. With our in-house expertise in construction management services, the company oversees all requirements for project planning including a broad financial scope with budgets ranging from $300,000 to project values up to $30,000,000. Building on a commitment to the community, Parastone led an approach to develop 45 Attainable Housing units, in collaboration with BC housing, the City of Fernie, Columbia Basin Trust and the local housing society. Known as the Veneto Place Project, the alliance created community housing solutions through a public/private partnership, with the initiative representing a first in British Columbia.